Checkered Flag Motor Car Company, INC

$717,500 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
9282767008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$717,500
Current Approval
$717,500
Forgiveness Amount
$722,164
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Checkered Flag Motor Car Company, INC
Address
5225 Virginia Beach Blvd
ZIP Code
23462-1825
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$717,500

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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